EuroWire March 2016

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News
Corporate
March 2016 45
Phifer Incorporated, a manufacturer
of woven wire, fibreglass and polyester
mesh, has signed an agreement to
acquire the US assets of New York Wire,
a supplier of woven mesh to consumer,
automotive and industrial filtration
markets.
The New York Wire operation will be a
wholly owned subsidiary but a separate
business unit of Phifer Incorporated.
Of the deal, Phifer president Brad Cork
said: ”We are excited about the addition
of New York Wire, a strong brand with
dedicated employees positioned in
similar markets as Phifer. We believe New
York Wire is a perfect fit to meet Phifer’s
objectives.”
Guy Fritz, president and CEO of New
York Wire, said: ”Our current plan is for
New York Wire’s management team and
market strategies to remain intact as we
work with Phifer to build our businesses.
We look forward to sharing and
leveraging both companies’ experience,
expertise and, most important, keeping
our commitments to customers during
this transition.”
New York Wire was formed in 1892 by
the merging of three small wire-weaving
companies in York, Pennsylvania. In the
early 1900s the company engineered the
first looms capable of weaving metal wire.
New York Wire’s wire drawing and metal
mesh capabilities include low carbon and
stainless steel, bronze and aluminium.
NewYorkWire – USA
Website:
NewYorkWire acquisition New addition to Cable
Tapes team
Cable Tapes UK Ltd has appointed
Mark Heneghan as its new managing
director.
Mr Heneghan will be working at the
company headquarters in Manchester,
UK, and has over 30 years’ experience
working in senior operations
management positions within the wire
and cable industry.
A mechanical engineering graduate, he
began his career with BICC Cables Ltd
before taking a role at Brand-Rex Ltd. More
recently he worked at AEI Cables, part of
the DUCAB Group, in the role of operations
director at its Birtley, UK, facility.
Cable Tapes is currently embarking
on its next stage of product and
service development at its Manchester
facility with the considerable financial
investment of seven new additional
taping machines, cementing its
commitment to provide the highest
quality service to customers globally.
Cable Tapes UK Ltd – UK
Website:
New president
Ideal Welding Systems LP, a subsidiary
of Ideal-Werk, Lippstadt, Germany, has
appointed Christian Kloeckner as its new
president/general manager.
Mr Kloeckner is a married father of two
children and speaks English, German,
Portuguese and Spanish fluently. He is
based in Rockford, Illinois, USA.
Established in 1995, Ideal Welding
Systems is responsible for sales and
service of the German Ideal brand.
Ideal-Welding Systems LP – USA
Website: